David Glasner: Neo- and Other Liberalisms: "The point of neoliberalism 1.0 was to moderate classical laissez-faire liberal orthodoxy...
...Neoliberalism 2.0 aimed to counter the knee-jerk interventionism of New Deal liberalism that favored highly progressive income taxation to redistribute income from rich to poor and price ceilings and controls to protect the poor from exploitation by ruthless capitalists and greedy landlords and as an anti-inflation policy.... Although the neoliberalism 2.0 enjoyed considerable short-term success, eventually providing the template for the 1986 Reagan tax reform, and establishing Bradley and Gephardt as major figures in the Democratic Party, neoliberalism 2.0 was never embraced by the Democratic grassroots. Gephardt himself abandoned the neo-liberal banner in 1988.... Bradley himself abandoned the approach in 2000.... The notion that 'neoliberalism' has any definite meaning is as misguided as the notion that 'liberalism' has any definite meaning. 'Neoliberalism'... serves primarily as a term of abuse for leftists... in exactly the same way that right-wingers use 'liberal' as a term of abuse...
#shouldread
